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Key factors to consider when purchasing export credit insurance include the risks covered (political, commercial, etc.), the extent of risk sharing (co-insurance and deductibles), and
Key factors to consider when purchasing export credit insurance include the risks covered (political, commercial, etc.), the extent of risk sharing (co-insurance and deductibles), and the services provided by the insurer.
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False
*In the textbook say write:
- Key factors be considered when purchasing export credit insurance include:
- The risks covered by the insurer (political, commercial)
- The extent to which risks are shared between the insurer and the insured party (also known as the co-insurance ratio)
- The services provide by the insurer, including credit reports and their analysis country risk information and information with respect to the insurer own experience in the country or region
In the question say speak from co-insurance ratio, but do not include deductible. So, is the answer wrong though? I know from previous questions, it is sometimes just about one single word that could change the meaning.
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